Well, there are so many people who always like to start a business. However, they might close the business when they feel like they need to close it. However, they may decide to start the business once again. have you ever done this?
Starting a business once again?
- Thread starter Passiveearner
- Start date
Probably, consistency is always important. If you fail in a business you need to try over and over again to recover.
Correct, let that business stands where it falls. It's not good to have instant decision. It must be referred to family members to get the consensus.
Am planning to close down my offline shop and concentrate on online business. I believe before 4 months from today, I will find my footing in online business.
Good luck to you, there's no doubt you can achieve it. It's good to have our own business online.
It is always very important to learn from your previous business. You must put the necessary things to correct your mistakes and improve.
I think sometimes problems can make people to sell off their businesses and after sometime they come back to start over again. Maybe the person was having some difficulties that she needed to sort out.
If there is a reason to start a business all over again, why not? Those days when you decided to shut off your business your reason might be priceless. That stuff or goods might be still there or you moved them out, so you need to renew and purchase again.
That is not good for a business reputation. Customers would not take you serious. It is one thing to pause for some time if you had challenges. Ans you would need to offer clear explanations to your customers.
I don't see any problem restarting a closed business. However, if your business closed down due to poor sales or funding problems, before restarting your business, you should learn from your mistakes. Think of areas of improvement.
